There are smart, strategic ways to minimize your tax liability − while remaining 100% compliant with all of the ever-changing and complex tax rules and regulations. Kris Rossignoli, a highly knowledgeable and experienced tax, estate, and financial planning professional at Cardinal Point Wealth, recently shared tips about those in an in-depth article published by Small Business BC titled Talking Small Business Tax Tips with Accountant Kris Rossignoli.
As he acknowledged, “I know that this time of year can be stressful for a lot of business owners. The good news is, there’s lots you can do to help make it a relatively smooth process.” He discussed such things as critical steps in the tax filing preparation process that can save time, headaches, and money – and he pointed out specific pitfalls to avoid when claiming business expense deductions that could potentially trigger a dreaded audit. To gain all the valuable insights and access the entire article, click here.
